Netflix (NFLX) Stock up 36% this Year Despite July Fall

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Netflix has been a hot stock this year even though it faced challenges in July and missed subscriber number estimates.

 This year, Netflix’s stock is up 36% despite a precipitous tumble since July, when a subscriber miss provoked a negative turn on the stock that has persisted for months. Netflix bulls argue that its dominance in streaming, strong renewal rates and ability to jack up prices in the future could reap rewards for investors.

NFLX stock is trading at a 36% increase for the year yet some investors fear it will fall below the starting point and back down to under $200 per share.

Will 2019 bring a fresh slate or more uncertainty for Netflix investors?

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